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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Super regional malls
161 Wisconsin Ave LO Milwaukee, WI 53203-2602
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US92-0064371
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1916
Total area
49,262 SF
Lot
0.21 ac (9,345 SF)
Zoning code
C9E
APN
397-0201-000
UPID
US92-0064371
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Downtown Dental Group Dental Office
-
Viktoriia Senych Health Care Facility
-
Debbink Nancy MD Physician Medical Clinic
-
Hayes Law Office Law Firm
-
Martin D. Stein Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.24M
Owner & transaction history
Haggeros Mall Plankinton Spe LLC · 3 yrs held
Haggeros Mall Plankinton Spe LLC
since 2023
7 recorded transactions
Zoning & alternative use
C9E · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$25 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$16,691
Tax year 2022
Assessed value
$701,000
Assessed 2022
Previous assessed
$701,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$700,900
Assessed improvement
$100
Land market value
$700,900
Improvement market value
$100
Total market value
$701,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1916
Heating
YES
Stories
1
Units
13
Total area
49,262 SF
Lot
0.21 ac (9,345 SF)
Zoning code
C9E
APN
397-0201-000
UPID
US92-0064371
Jurisdiction
MILWAUKEE
Zoning & alternative use
C9E · Milwaukee, WI
Zoning C9E · permitted uses
C9E · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1916
Heating
YES
Stories
1
Units
13
Lot
0.21 ac
Current owner
From public records · entity-resolved
Haggeros Mall Plankinton Spe LLC
Entity
Mailing address
10050 CROSSTOWN CIR STE #600, EDEN PRAIRIE, MN 55344-3347
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
—
Haggeros Mall Plankinton Spe LLC
Haggeros Mall LLC
Special Warranty Deed
$12,500,000 · Community First Cu
Apr 2, 2018
—
Haggeros Mall LLC
—
Deed
related
$4,950,000 · Premier Bank
Nov 14, 2017
—
Haggeros Mall LLC
—
Loan Modification
related
$2,350,000 · Milwaukee Urban Strategic Inve
Dec 22, 2015
$1,500,000
Haggeros Mall LLC
Grand Avenue Mall LLC
Grant Deed
$2,000,000 · Milwaukee Urban Strategic Inv
Dec 11, 2014
$16,500,000
Grand Avenue Mall LLC
West Wisconsin Avenue Hol 275
Grant Deed
—
Nov 20, 2012
$8,500,000
Banc Of America SR 2005-mib1 Trust
Sheriff Of Milwaukee County
Foreclosure
related
—
Jun 16, 2006
$2,375,000
Sunset Invtrs-plankinton LLC
Young Mens Christian Assn Of Met
Trustees Deed
$1,075,000 · Horicon Bank
Dec 5, 2005
$2,200,000
Young Mens Christian Assn Of Met
New Arcade LLC
Quit Claim Deed
related
—
Aug 18, 2005
$31,656,800
Grand Avenue City Mall LLC
New Arcade LLC
Grant Deed
$23,100,000 · Ixis R/e Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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